Moomoo AIのまとめ
Xiao-I Corporation has closed its previously announced offering of $3,260,869.57 in senior convertible notes with an 8% Original Issue Discount to an institutional investor. The notes are convertible into ordinary shares in the form of American Depositary Shares (ADSs). Concurrently, the company offered an additional 1,000,002 ADSs at par, representing 333,334 ordinary shares.The offering raised gross proceeds of $2,994,945, with net proceeds of approximately $2,496,945 after deducting placement agent fees and other expenses. Xiao-I intends to use the funds for working capital and general corporate purposes. FT Global Capital Inc. acted as the exclusive placement agent for the offering.The securities were sold through a prospectus supplement under Xiao-I's effective shelf registration statement on Form F-3. This transaction strengthens the company's financial position as it continues to develop and commercialize its cognitive intelligence technologies in areas such as natural language processing, voice and image recognition, and machine learning.
